-20.9%
BAX vs TAP
-23.7%
+2.7%
-62.4%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 3y.
| Period | Portfolio | TAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | +0.5% | -4.5% | +5.0% | +2.0% |
| 7D | +12.1% | +0.5% | +11.6% | +11.8% |
| 30D | +7.6% | +9.1% | -1.6% | +4.3% |
| 3M | -4.5% | -3.8% | -0.7% | -3.5% |
| 6M | +52.0% | -3.4% | +55.5% | +52.8% |
| YTD | +35.1% | -10.6% | +45.8% | +36.9% |
| 1Y | +43.7% | -4.4% | +48.1% | +41.9% |
| 3Y | -20.9% | -24.4% | +3.4% | -17.4% |
| All | -20.9% | -23.7% | +2.7% | -17.4% |
Cumulative growth
Daily Returns
Daily percentage return beside TAP.
Daily Out/Under-Performance
Portfolio return minus TAP return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × TAP return. Early observations use the first valid beta; later observations use the trailing beta estimated for each date.
Cumulative Out/Under-Performance
Relative wealth over 3y: compounded portfolio wealth divided by compounded TAP wealth, less one. Both series rebase at the selected span's start.
Cumulative Alpha
Compounded beta-adjusted residual returns apply the first valid beta to early observations, then the trailing beta ending on each date.
Updating return analytics…
3y analysis · Full analysis span regression · 6 months rolling